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CNN
Dec 31, 2012 1:00am PST
falling over the fiscal cliff. senate leaders need to put something together to avoid tax increases for just about everyone and big spending cuts. senator claire mccaskill says a make or brake deal comes down to a few lawmakers on topic of raising taxes for the wealthy. >> it remains to be scene whether the republicans being driven by a very extreme group of house members will allow our economy to pert because of their desire to protect multimillionaires in this country. that's what it's going to boil down to. >> any plan would need house speaker john baner to bring it to the floor for a vote. republican representative tom cole says he's confident that boehner can get the votes he needs. >> on the speaker's plan, he had over 200 republican votes, it's not as if he had an awfully strong hand to play, if it's a deal john boehner can accept, it will be passed in a bipartisan manner with a very strong majority. if on the other hand he's neutral or not favorable, his chances will be a lot slimmer. >> lisa desjardins following the fiscal cliff negotiations on capitol hill. do you have any
CBS
Dec 29, 2012 7:00am PST
not go over the so-called fiscal cliff. senate democratic and republican leaders are working on a package now that could be voted on monday. any plan, however, must be approved by the republican-run house. >>> a man and a boy were fishing on a marine headlands beach when a wave swept them out to sea yesterday evening. rescue crews recovered their bodies in the frigid water near the golden gate bridge. no word on the relationship between those two victims. >>> high school party got out of hand, forcing an evacuation at the intercontinental hotel in san francisco last night. police say a fight broke out during the event which led to somebody spraying pepper spray. dpefts were then evacuated but let back in gsh guests were evacuated but then let back in shortly after that evacuation. >>> time for a last look at the weather. that's a positive story today. >> it is, yes. things look to be improving in that department at reeft. we're going to go out one last time and look at the doppler, perched at the highest point in sonoma county. as we look at the central bay, you can see that there's mos
FOX News
Dec 27, 2012 12:00pm PST
than five days to go before falls right off the fiscal cliff. the senate back in session today and it's the first time the senate or house has met for business between christmas and new year's in more than four decades. president obama cut his hawaii trip short arriving in washington early today. for now, the house of representatives is not in session but we've learned those lawmakers are set to return this weekend. today the senate majority leader, harry reid, says we've just about run out of time. >> if we go over the cliff, and that's where we're headed, mr. president, the house of representatives as we speak with four days left after today before the first of the year, aren't here with the speaker having told them they'll give them 48 hours notice. i can't imagine their consciences, out wherever they are around the country and we're here trying to get something done. >> we're awaiting reaction from the senate minority leader, mitch mcconnell. when that happens we'll go live to the senate floor but a spokesman for john boehner says senator reid should talk less and legislate more.
FOX Business
Dec 27, 2012 9:20am EST
. this is days before the fall off of the fiscal cliff. senate democrats are telling republicans get out of the way of a last-minute deal, accept tax increases for people making $250,000 a year. get out of the way. accept that. joining us is the founder of the media research center. blame if problem is spending and neither side is being serious about spending. neither side is. stuart: when you put your finger on it. they are politicians, are they not? they have to have in the back of their mind, they are politicians. they have to bear in mind the next election can they get reelected? can any politician get reelected by saying i am going to cut entitlements, cut spending? you are going to lose something? >> do you realize we have been doing this for 25 years? do you understand why we are in the mess we're in now? for 25 years both sides kicked the ball down and that is why we have not had a budget in three years. nobody wants to take a stand. every single republican, republican ran for office on the pledge to hold the line on taxes and cut spending. that is what they're are bound to do. b
CBS
Dec 31, 2012 6:00am EST
the house and the senate both went home without a deal, when it comes to trying to avert the fiscal cliff. senators are leading the negotiations and they have until midnight tonight to come up with a compromise before massive spending cuts and tax increases kick it. that affected university about every one of us around the country. senator harry reid expects us to reconvene this morning. sue rae chin has more. >> reporter: member of congress left meetings on capitol hill sunday without a deal hours before the nation is set to fall off the fiscal cliff and negotiatations continue. >> reporter: if republicans and democrats can't strike a dell before midnight monday, taxes will go up for almost every american. automatic spending cuts will kick in and millions will lose unemployment benefits and i'm billing to get this done. >> reporter: republicans introduced but quickly withdrew a proposal to cut the deficit by slowing the growth of social security. but senators say there is some movement as both sides try to pro mize about which americans should start to pay a higher tax rate. >> republica
CSPAN
Dec 30, 2012 6:30pm EST
, senator john thune spoke with reporters on where things stand on the fiscal cliff. >> where do things stand as far as a republican deal? >> republicans advanced a proposal last night and you heard senator mcconnell talk about it on the floor. we're still waiting for a counteroffer. there was an indication we would receive the by 10:00 this morning, but discussions still continue. senator mcconnell and vice president joe biden are continuing to discuss this and we think there still could be a path forward. democrats have come out and made a huge deal out of changing this and republicans are very concerned that it should not be used as an offset to reduce or replace some of the spending cuts that would occur and democrats put forward an alternative. this is a process. there's a lot of give-and-take going on. republicans do not want to see new revenue, democratic tax increases, being used for new spending. that is where many members are drawing the line. >> you all want to use this technical level, but it would really affect social security recipients in the sequester. democrats want to
FOX Business
Dec 27, 2012 11:00am EST
on the heels that senator reid may be said we are going over the fiscal cliff. stocks now every 15 minutes. the "wall street journal" out with some retailers to watch in 2013. nicole: let's start off with harry reid's comments that we may go over the fiscal cliff. as a result, we are seeing a lot of down arrows. there is a market that started off in the green and then read. that is the action that we are seeing. getting to the retailers, there are a lot of retailers that have had a lot of headlines and in many cases have been struggling. jcpenney would be one of them. down nearly 5% on the day. they have been a big loser. you had ron johnson come over from apple. the "wall street journal" talked about a few retailers. four of them, to be exact. including best buy. that would be another one. radioshack. and also sears. these are the four names we have been watching very closely. a lot of these names are significantly lower. do or die in 2013 for those names. liz: thank you so much. president obama landing in washington just moments ago. cutting his vacation in hawaii sure to tackle the fisc
NBC
Dec 31, 2012 11:00am EST
-called fiscal a cliff right now. the house and senate are striking a deal oh avoid massive tax hikes and spending cuts. derek ward is live with more on what's happening today. >> the end is near. that's the end of the year, of course. what about the path that ends at the end of the fiscal cliff. senators should be back at it. the house reconvened this morning. such new year's eve appearances are on the hill. senate minority leader mitch mcconnell and joe biden kept in place to avoid $200 billion in tax increases. broad stroke spending cuts and domestic and defense spending. they would take effect gradually over a period beginning at midnight if the white house and congress can't reconcile their differences. it appeared to have been movement on the cost of living increases for social security recipients. opposition to the white house's proposed rate of increase was dropped but the common ground is even shaky. the fierce disagreement over whether the bush era tax cut with the top income earners should be allowed to expire while middle income earners would see tax relief. the sticking p
FOX Business
Dec 27, 2012 5:00pm EST
fell for their fourth straight session. that dour outlook on the fiscal cliff from senator harry reid sent stocks tumbling but they came off the session lows following word the house would reconvene this weekend. the dow lost 18 points. >>> jitters over the fiscal cliff sent the fear index or the vix leaping yet again. it hit the highest level since july. the vix is up 30% over the last month. >>> apple's tim cook is getting a 99% cut in compensation this year. cook will take home $4.2 million compared to 378 million bucks in 2011. apple made clear the decline has nothing to do with performance. cook's sky-high 2011 pay package was largely award of one million restricted shares of stock after he took the reins at apple as ceo. that money would come in handy in washington, wouldn't it? that is our top story. the senate convened today for emergency session to deal with the fiscal cliff. the house has announced plans to reconvene on sunday. both senate majority leader harry reid and senate minority leader mitch mcconnell spoke a short time ago and neither sounds hopeful of fiscal cliff d
CNBC
Dec 31, 2012 6:00am EST
trying to come to some agreement to avoid the fiscal cliff. senate majority leader harry reid says there's still significant distance between the two sides, but talks are continuing. we'll have more on the fiscal cliff saga in a moment. elsewhere, private equity consortium has struck a deal to buy investment banking firm duffs & phelps for $665 million. as part of the deal, duff & phelps is permitted to seek higher bidders until january 8th. there's a potential merger between amr pilots group. this would combine the two carriers, take amr out of bankruptcy and finally prove appeared rue ross sorkin correct in saying this was going to happen all along. were you involved in the negotiations? you were almost an investment banker here, urging both sides to do this, weren't you? >> without a fee, though. >> what are you talking about without a fee, though? do i work for free? come on. >> no. i've seen you work. >> thank you. >> what did you do, tweet about some vanguard -- i watch you work. i'm learning from you. all the angles, you're amazing. did they settle that thing? ye7. i'll settled up
FOX
Dec 29, 2012 7:00am PST
on the fiscal cliff. senate leaders are working on a last ditch agreement. they hope to vote as soon as tomorrow. both houses will reconvene tomorrow. some republicans suggest racing taxes for those earning at least a million, the president and democrats want increases on making more than $250,000 a year. >> we can't afford a politiclyself inflicted wound to the economy. the economy is growing but keeping that way means the folks you sent to washington have to do their jobs. >> the president said congress must meet the new year's deadline and pass a balanced plan. >> the president's proposal to raise taxes on the top 2% won't even pay one third of the interest that's owed on this 16 trillon dollar debt. >> ouri senator gave the gop address saying the president's tax hike would only fund the government for eight days. >> here is what could happen if no deal is reached. out of work americans will loose their extended benefits, california would be hit the hardest, 400,000 will loose benefits and the bay area will certainly feel the sting, more than 22,000 people in alameda and contra costa coul
NBC
Dec 29, 2012 6:00am EST
cliff. senate law makes smakers say th planning to work through the weekend to come to an agreement. all sides say they're getting closer to a deal. they're trying to avoid a tax hike on all americans as well as deep spending cuts, but the president said the american people are growing tired of what seems to be never ending gridlock and partisan bickering. >> the american people are not going to have any patience for a politically self-inflicted wound to our economy. not right now. the economy is growing, but sustaining that trend is going to require elected officials to do their jobs. >> right now the plan is to come to an agreement then send it to the senate for a vote. house would then take a vote, which could take place as late as january 2nd. the president will sit down for an exclusive one on one interview with "meet the press" moderator david gregory. they will discuss the fiscal cliff and other key issues. you can see it here tomorrow at 10:30. >>> we're a little more than 36 hours away from the biggest game of the season for the redskins. the burgundy and gold face off against t
ABC
Dec 31, 2012 3:00am PST
that fiscal cliff. senators will try to reach a compromise today. but if not, starting tomorrow we'll all be paying more in taxes. >> i believe they're talking right now, not watching "world news now." they're actually trying to get something done. considering what they've been doing a last couple of months not going to put my money on that. just sing "kumbaya." just get it done, ladies and gentlemen. >>> and the cliff of a different kind. one by one, sledders tumbling into an icy lake. but most trying to rescue one another. we'll explain what this is all about. >>> and in "the skinny" this morning, kanye west addresses rumors of a kim kardashian pregnancy. we'll talk about that. >> and we're going to have to tell rob she's cheating on him. >> is that right? >> rob is a huge fan. >> she's a sexy woman. rob is right about that. >> i had to break the news to him that she's pregnant. so pretty much destroys his chances. >>> we're going to talk about secretary of state hillary clinton in a new york hospital this morning after doctors discovered a blood clot. >> her medical problems began week
FOX
Dec 27, 2012 7:00am PST
from san jose. ktvu. >> we are less than a week from the fiscal cliff. the united states senate convening right now. we want to show you a live if picture. there it is. that's the senate majority leader. the senators are right now meeting to discuss the economic deadline and coming up at 7:15 we will have more on the fiscal cliff negotiations and how we are closing in on another financial barrier, that debt ceiling. >> let's go to tara filling in for sal. there is another accident in napa. >> we have a two car crash on napa road. that person is trapped inside of the car. chp working to get them out as well as police. we have another incident we want to mention. 880 northbound at 92 split. a solo spin out. it's close to traffic so they are running a break. here is a look at maps where 680 southbound, actually we will go to 101 in san francisco. you can see we have traffic flowing nicely in both directions. finally a look at maze. you can see traffic also flowing very well there on the far right hand side of the screen. let's check in with mark. >> good morning to you. we are t
CNN
Dec 28, 2012 4:00pm PST
and calls on the senate to act on the fiscal cliff. but with four days to go, will his push make a difference? >>> plus, politicians promised that the newtown shooting would change our national debate on guns. are those just empty promises? >>> we count down the top five political rivalries. who won, who lost, what it means for 2013. let's go "outfront." >>> breaking news. the president makes an 11th hour announcement tonight putting the pressure squarely on the senate so broker a deal on the fiscal cliff. >> senators reid and mcconnell are working on such an agreement as we speak. but if an agreement isn't reached in time between senator reid and senator mcconnell, then i will urge senator reid to bring to the floor a basic package for an up or down vote, one that protects the middle class from an income tax hike, extends the vital life line of unemployment insurance to 2 million americans looking for a job, and lays the groundwork for future cooperation on more economic growth and deficit reduction. >> and just moments ago, senator harry reid says he's readying a bill for a vot
FOX
Dec 31, 2012 4:30am PST
to prevent the country from going over the fiscal cliff. the house and senate convened for a rare sunday session but no deal yet. senate minority leader mitch is talking with joe biden to come up with a solution. if nothing is resolved by midnight tonight tax rates for all americans will increase. >> going to work with whoever. whoever can help. there ask no single issue that remains an impossible sticking point. >> if everyone is sincere in i saying they want the middle class to be protected, we can get a deal here. >> if congress doesn't immediate the midnight deadline lawmakers will have a grace period. so far the irs has not told employers to change the amount of income taxes they withhold from employees paychecks. with all the focus on the fiscal cliff. leaders from the house and senate agricultural committees agreed to a one-year extension of the expiring u.s. farm bill. so far there is no house vote scheduled. without passage of the bill milk prices could double. a gallon of milk could go up to $8 a gallon. >>> three people are recovering after a car crashed into a funeral home. p
MSNBC
Dec 27, 2012 11:00am PST
already passed legislation to avoid the entire fiscal cliff. senate democrats have not. joining me now from d.c. nbc news white house correspondent peter alexander. peter, there was word the last hour that the president may have sent some sort of deal. the white house then turning around saying that's not true at all. where was the confusion? >> reporter: well, you hear the frosty statements back and forth as you just indicated there, craig. ah, the holidays in washington. a lovely time, isn't it? right now it appears clear if there's conversation going on it is not happening between the primary players but perhaps between their surrogates, senior staff and others, between those on the hill and here at the white house right now but senior white house -- senior administration official told me a short time ago that there is no proposal being sent up to the hill today. harry reid, the senate majority leader, also denied that any such thing was taking place today. both of those denials do also come against the backdrop of the fact both sides acknowledged this is not something they plan to
FOX Business
Dec 27, 2012 3:00pm EST
.s. is heading for the so-called fiscal cliff. he compared it to the ball dropping on new year's eve dropping on times square more ominously. more from the nation's capitol. in terms of industry groups and what is not working we start with financials. they're the biggest drag. money center banks like bank of america down 1 1/4%. goldman down 1%. morgan stanley down .8 of a percent. all those stocks are under pressure. tech stocks notably weak. apple inching to the round 500 dollar level. down to 510. it was north of 700 when iphone 5 came out early september. so the bear market continues to apple. as you can see, google also down, down about five bucks on the day. ibm down slightly a .10 or two. hewlett-packard off today, down one 3/4%. coming up later we have a contrarian investors sees big opportunity for hp in 2013. he nailed down the move in bank of america this year. he said it was the stock to buy. he was right. stick around for what he has to say about hewlett-packard. interesting stuff. what an interesting day. let's look to the floor show. traders at new york stock exchange, the cme
FOX
Dec 31, 2012 4:25am EST
house now have less than 24 hours to come up with a solution to the looming fiscal cliff. the senate will meet again later on this morning to continue their talks following a rare marathon meeting yesterday. on meet the press, president obama called on lawmakers to reach an agreement. if no deal is made, it would be the large of the tax hike since world war ii. >>> secretary of state hillary clinton remains in a new york city hospital this morning after doctors discovered a blood clot stemming from a concussion she had earlier this month. now, a spokesperson for clinton says she is being treated with medication and will most likely stay in the hospital for the next 48 hours. the clot was discovered yesterday during a follow-up appointment. >>> same-sex couples in maryland will be able to marry tomorrow on new year's day. state lawyers said because january 1st is a holiday and because there is a two-day wait period for licenses to take effect, they could not marry until january 4th. the state's attorney general now says all of the licenses will take effect tomorrow. >>> 2012 was anoth
CNN
Dec 28, 2012 8:00pm PST
on the senate to broker a deal for the fiscal cliff. >> senator reid and mcconnell are working on such an agreement as we speak. but if an agreement isn't reached in time between senator reid and senator mcconnell, then i will urge senator reid to bring to the floor a basic package for an up-or-down vote, one that protects the middle class from an income tax hike, extends unemployment to the 2 million americans looking for a job and lays groundwork for more economic growth and deficit reduction. >> just moments ago, senator harry reid says he's readying a bill for a vote by monday. all this follows a rare face-to-face closed door meeting at the white house today between all the key players, the president, the vice president, the treasury secretary and all four congressional leaders huddled together with just four days to go before we all go overs fiscal cliff. that meeting lasted for an hour and five minutes. on a story where every second and every maneuver counts, let's get chief to white house correspondent jessica yellin. jessica, the president says he's modestly optimist be
ABC
Dec 27, 2012 5:00pm EST
off the fiscal cliff next week. we bring you up to speed on the gridlock down in dc. >> reporter: it may already be to late. five-days before the fiscal cliff and with the house out of town until sunday, the senate majority lead admitted a deal seems unlikely. >> i have to be honest. i don't know time wise how it can happen now. >> reporter: and an attack he point blame on the house speaker for letting members stay home with no deal in sight. > we are here in washington working while the members of the house of representatives are out watching movies, watching the kids play soccer and basketball. he seems to care more about keeping his speaker ship than keeping the nation on firm financial footing. >> reporter: the speaker's office responded, the senator should talk less and legislate more. the house has already passed legislation to avoid the entire fiscal cliff. democrats have not. the president returned to washington today for a last minute push before leaving vacation in hawaii he had separate phone talks with congressional leaders but it's not clear that those talks help
CNN
Dec 26, 2012 6:00am PST
to reach a fiscal cliff deal. the senate and house are expected to reconvene tomorrow. we're six days away from possible across the board tax increases and spending cuts. >>> former president george h.w. bush is still in a houston hospital. his wife, barbara, and other relatives at his side. the 88-year-old has been in the hospital for more than a month with a lingering cough and recently had a low grade fever. doctors remain cautiously optimistic about a full recovery. >>> a claim of facebook privacy breach within the zuckerberg family. his sister says a family photo was reposted by another person on twitter. randy zuckerberg called the woman out. the woman apologized said it was public because it was in her facebook newsfeed. >>> in china the longest high speed railway opens, connects beijing with guangzhou, 1,500 in eight hours, but tickets start at $138, and they're a little pricey for some people and many travelers say it's cheaper and faster to fly. >>> a report just out this morning shows home prices up in october, the biggest annual gain in more than two years. alison kosik joins u
FOX News
Dec 29, 2012 1:00pm PST
wallace talks fiscal cliff with u.s. senators lindsey graham and diane feinstein. check your local listings for the times. >> arthel: with a possible agreement being worked on behind closed doors to avoid going over the fiscal cliff, one casualty could be the defense department. severe financial cuts could hit every branch of the armed services. peter doocy and minutes -- examines. >> he did not say the word sequester. it would automatically cut more than $100 billion from the budget next year, half from domestic programs programs and m defense programs. as the deadline draws close, experts are looking at them from a national security aspect and warning about their impact on the safety of our service members. >> it's going to affect the operational force that's deployed in terms of its ability to maintain its equipment, to get repair parts, and that forces deployed around the world. not just the force that's in afghanistan that's being reduced. it would impact on the training of the force and its preparedness to conduct other operations. >> white house officials are saying it's unc
ABC
Dec 31, 2012 5:00pm EST
they want a deal. the senate and house to avoid the fiscal cliff, but the senate is pushing forward hoping they will have the deal by midnight tonight. we will technically go over the cliff on new year's day. the house hopes to fix everything on wednesday. they hope the markets will stay calm if the senate? today. mellon says they're happy with this final deal -- no one says they are happy with this final deal. reporting live from the capital rebecca cooper. >> jobs at the pentagon may be in jeopardy when we go over the fiscal cliff. they are not the only military related work at stake. northern virginia bureau chief jeff goldberg is live at the pentagon tonight. >> last week, defense secretary leon panetta said day-to-day operations would likely not change dramatically if we go over the fiscal cliff. any potential layoffs would probably not happen immediately. workers are watching this very closely. watching children skate round and round is how many americans would describe what they're watching right now on capitol hill. >> it is absolutely unconscionable. >> in the pentagon, it is alar
ABC
Dec 30, 2012 6:30pm EST
year's eve midnight hour when tax hikes and budget cuts swoop down from the fiscal cliff. the two senate leaders harry reid and mitch mcconnell are work on a stopgap bill. >> at some point, the negotiating process, it appears that there are things that stop us from moving forward. i hope we are not there but we are getting close. >> i want everyone to know i am willing to get this done. but i need a dance partner. >> reporter: the legislation would prevent a tax increase for reveille 98% of the -- for roughly 98% of workers extend unemployment benefits and prevent a huge cut in payments to medicare doctors. >> we should introduce legislation that would make sure middle class taxes stay where they are and there should an up or down vote. >> reporter: if they reach a deal it won't pass congress necessarily by monday night. if it doesn't every body income tax also go up. average family would pay an extra $3446 more in 2013. and farm programs would expire. potentially doubling the price of milk. and if congress doesn't pass a new bill. >> we will come back with a new congress in janua
KRON
Dec 27, 2012 7:00am PST
. this is the fastest and best chance to avoid the fiscal cliff. the senate bill has already been passed by the house of representatives not boating on it as speaker bay there is having a tough time running boats on any type of tax increase. >> >> welcome back. for national retailers are recalling more than 150,000 "nap nanny " baby recliners. the recall covers the recliners generation 1 and 2 and the chilled model instant recliner sold between 2009 and 2012. if the recall comes after release five infants had died and dozens more have almost fallen out of the recliners. the consumer- products safety commission and warns that the nap nanny is dangerous defects in its decision and its design, instructing and warnings. the cpsc says that for retailers are voluntarily participated in the recall. >> toyota has settled the car owners over unintended acceleration in 2009 and 2010. the automaker has agreed to pay more than a billion dollars to install new safety features and compensate owners. trotter's us to toyota because the floor mats were getting stuck, causing their bills to accelerate. under the agree
NBC
Dec 30, 2012 11:30pm EST
. >> reporter: the night before the fiscal cliff. >> the senate stands in recess. >> reporter: the senate gave until tomorrow. >> there still time left to reach an agreement. >> reporter: house lawmakers headed home, dropping a command to cut social security and hope the senate sends them a deal with minimal tax hikes on the rich. >> i'm still optimistic that we can get this averted before the final hour here tomorrow. >> reporter: when the clock strikes 2013, taxes go up on most americans. huge defense cuts kick in, which some republicans claim barack obama favors. >> it's obvious the president wants us to go over the fiscal cliff. >> reporter: on "meet the press," president obama blamed republicans. >> they say their biggest priority is dealing with the deficit, but the way they're behaving is their only priority is making sure taxes don't go up on the rich. >> reporter: the senate minority leader says -- >> i'm willing to get this done. but i need a dance partner. >> reporter: enter vice president joe biden, called by mcconnell. can the senate veteran help congress stumble to a deal on the
CNN
Dec 31, 2012 1:00pm PST
, with senator mccain. but you know we are now technically going over the fiscal cliff. because the house of representatives is going to adjourn. they're not going to consider anything that you guys in the senate might pass. at least until tomorrow. so from your perspective, what does that mean, senator graham, that the country, the united states, is now going over the fiscal cliff? >> i just think it shows the dysfunction of the political system. back to the president's performance today, that was pretty unusual. to have a -- kind of a pep rally in the middle of negotiations. what john said about defense cuts going into effect, shooting the military in the head, according to secretary panetta, is real and true. but i want to cut $1.2 trillion over the next decade. we're going to spend $46.5 trillion. it's not hard to find $1.2 trillion. i just don't want to destroy the defense department. so if you delay the cuts, you're going to lose votes in the house. you're going to lose votes in the house because people in the house want to cut the government. i want to cut the government. i just do
FOX News
Dec 28, 2012 3:00am PST
. the house has passed legislation to avoid the entire fiscal cliff and senate democrats have not. now they are coming into the meeting and there is already acrimoney instead of reconciliation. >> part of the problem, i am sorry, the house passed two spending bills and ideas to meet the fiscal cliff and cent -- subject it to the senate. they have two over there . john boehner said let me get third plan b . everybody is like where are the republicans on this? they should have stayed firm on the ryan plan. it was the best . back track a year ago. this stems from the failure of the super committee that stemmed from the simpson-bowles commission failing. simpson-bowles. they got together and made the recommendation to president obama who commissioned that study can. >> kelly: and yet rejected it. >> that fail would and went to the super committee. they need to get together. >> julia: if you watched fox news channel yesterday. there is a map with red dots and that is the newspaper and the lower hudson valley of upstate new york published the addresses of gun owners and now as you were talki
CBS
Dec 31, 2012 7:00pm EST
tonight on "n.b.r."! washington lawmakers are getting close to a fiscal cliff deal, but they might not get it done before the midnight deadline tonight. the senate could vote in time, but it's possible the house will wait until tuesday. that means the u.s. could go over the fiscal cliff. on wall street today, investors bought up stocks on high hopes of deal after president obama said this afternoon a deal is "in sight," and positive comments from republican leaders in the senate. here's how the major averages closed on this last trading day of 2012. the dow surged 166 points, the nasdaq jumped about 60, and the s&p rose almost 24 points. while wall street has already closed the books on 2012, washington still has a few hours to go before its new year's day fiscal cliff deadline. darren gersh has the latest. >> reporter: after a weekend of late-night negotiations with the vice president, senate republican leader mitch mcconnell said an agreement on the fiscal cliff was very, very close. >> we'll continue to work on finding smarter ways to cut spending, but let's not let that hold up protect
FOX News
Dec 28, 2012 6:00am PST
of the situation, on the floor of united states senate they're not talking about the fiscal cliff. they're not talking about the debt limit. no. they're talking about intelligence, which on the floor of the senate is a bit of an oxymoron. and i will get e-mails on that. patti ann: all right. well, big developments coming out of syria. the one of the regime's staunchest allies is signaling a possible change in position. we'll tell you who it is and what it could mean for president bashar al-assad coming up. gregg: a surfer fighting off a shark after having part of his hand literally ripped off. we'll tell you how he managed to save his own life and how his friends helped to save him as well. >> they did a marvelous job as well hmm, it says here that cheerios helps lower cholesterol as part of a heart healthy diet. that's true. ...but you still have to go to the gym. ♪ the one and only, cheerios gregg: ♪ dominic the donkey ♪. gregg: it is not at sight you see every day. dominic the donkey going for a stroll in indianapolis of all places. giving a cop a tough time trying to catch her
CNN
Dec 29, 2012 4:00pm PST
. >> they are trying to find a last minute compromise to keep us from going over the fiscal cliff, respect senator olympia snowe is saying that it's a bigger sign of a bigger crisis. >> what is deeply troubling is you cannot get congress and the president to reach any agreement on anything. >> the latest on the fiscal cliff negotiations in a few minutes. a 31-year-old woman has been charged with second degree murder as a hate crime in connection with a subway death in new york city. they identified the woman as erica ericamenendez in new york. the victim was a store owner and graphic designer. witnesses described a womani pacing the platform and talking to herself before pushing the victim on the tracks as a train entered the stadium. the video shows a woman running from the scene. a airliner smashed into a highway in russia. four of the crew were killed, no passengers were on board and no one on the highway was injured. it was arriving when it over shot the run way. a lot of celebrating early this morning in portland, maine, the first same sex couple said i do under a new state law that took effe
CBS
Dec 24, 2012 5:00am PST
week until the fiscal cliff. some senators are expressing concerns that a deal will not be met in time. if that happens, households with incomes between 50 and 75,000 would see their incomes rise $24. households -- as americans hit the road for holiday travel, they'll be paying less at the pump. according to aaa, the average is $3.25 for a gallon of regular, down 18 cents from a month ago. send it back to you. >> thanks very much. have yourself a good holiday. okay. >> [ laughter ] >>> you will be allowed to roast chestnuts on an open fire in this bay area this christmas eve; but the air quality district management refers you have no open fire at. as the rain and wind let up, air pollution starts to build up. there's a chance tomorrow could be declared a spare the air christmas day. experts say wood young will improve the chances it will be allowed tomorrow. >> there's a blue ray disk of a fireplace you can put in your tv and have yourself a monster fire. >> look at that. did you call for that? >> erica couldn't hear me. >> i don't think it will be a fair day tomorrow. we have a storm
FOX News
Dec 27, 2012 8:00am PST
. the house has already passed legislation to avoid the entire fiscal cliff. senate democrats have not. speaker boehner is in his home state of ohio today. the house gop leadershipship put out a statement yesterday saying the house has passed legislation extending existing tax cuts and putting -- delaying putting off some spending cuts and replacing them with other spending cuts, and they're urging the senate to do the same. jon? jon: molly henneberg there at the white house where we are getting down to the wire. thank you. for more on the efforts to keep the economy from heading over the cliff and the likelihood of reaching some kind of a deal in time, let's talk with susan -- [inaudible] chief congressional correspondent for the washington examiner. what are the chances here, susan? >> hi, jon. i think at this point we're just simply running out of time. we have only got a few days left. they're so far apart on what an agreement would look like. even if they weren't going to put together a comprehensive deal which everybody agrees there's simply not enough time for. if they were tryi
MSNBC
Dec 28, 2012 7:00am PST
to try to avoid the fiscal cliff deadline. senator chuck schumer says there's some signs for optimism here. >> the first time leader mcconnell is speaking to the president, if the senate is going to be the place for action starts. >>> means to me we could come up with some kind of agreement. >>> let's bring in democratic strategist blake zeff, and robert shranham. first who will be there. president obama, the vice president biden that will be there. speaker boehner they'll be in this meeting. to you here, chip -- not chip, sorry. to you here, blake, where do they begin? >> i think there's on this one way to get the deal done, and that's through the senate. probably highly unlikely, and then you would have to impress upon jane boehner, so i think we're looking at a very small likelihood we have any sort of significant deal other than a plan that lowers taxes. >> so you're somewhat pessimistic. what about you, robert? >> cautiously optimistic. he's exactly right. the only other thing i think could happen is in fancy pelosi, who quite franly has a stronger hand, is able to get enough dem
CSPAN
Dec 30, 2012 2:00pm EST
the democratic controlled senate to lead our economy to the edge of the fiscal cliff. congress people from both parties are searching for a bipartisan solution. that is the leadership that america needs, not what we saw from the president this morning ." those of the comments from speaker boehner. the house has gaveled out. we expect them back in about two hours. let's go to newbury port. caller: thank you for c-span. i do not understand where this $250,000 number comes from. i am 70 and have never been asked to make a sacrifice by any congress. it just seems to me that if the average income in most states -- to ask people making $125,000 or more, to ask them to contribute more, that seems to be a no- brainer. i do not see why people in this country are not ready to make a compromise. let's face it, we will either all have to pay slightly more taxes and accept the fact that our benefits are going to have to be lower than they really are -- i am in that bracket of $125,000 to $250,000. i am very comfortable, i could contribute more to the deficit, i just want to make sure that that money goes to
CSPAN
Dec 27, 2012 8:00pm EST
on c-span members of congress on the countdown for the so-called fiscal cliff. senate leaders harry reid and mitch mcconnell speak on the floor about the negotiations. then that is followed by the history of "the new york times." on friday's "washington journal" a look at the countdown to the fiscal cliff. our guest will be damian paletta. then homeownership in the u.s. with randallo tool. later, the discussion of the economy, poverty, and hunger. caroline radcliff. "washington journal" live every morning starting at 7:00 eastern on c-span. >> if we turn away from the needs of others, we align ourselves with those forces that are bringing about this suffering. >> the white house is a pulpit and you ought to take advantage of it. >> obesity in this country is nothing short of a public health crisis. >> i think i have little antennas that went up and told me when somebody had their own agenda. >> there is so much influence in that office and it is shame to waste it. >> they serve on a window on the past with what is going on with american women. >> sh she is the only one they can trus
CBS
Dec 27, 2012 4:00am PST
. >>> and now to the efforts to avoid the so-called fiscal cliff. president obama returns to washington later today and the senate is due in session, but just about everyone agrees with just five days left, the possibility for a grand bargain to avoid across-the-board tax increases and spending cuts is all but lost, and even prospects for watered down deals seems slim. tara mergener is in washington with more. tara, good morning. >> good morning, duarte. yes. hopes for legislation to avoid the fiscal cliff now turns to the senate, but white house and republicans remain far apart. senators and staffers will be filling these empty hallways today trying to work out a deal to avoid the fiscal cliff. higher taxes will give the average american about $1,500 less to spend next year, and economists believe the $110 billion spending cuts will result in more layoffs. senator harry reid has a plan to keep taxes low for everyone making less than $250,000 a year as well as short-term spending cuts until a bigger deal can be reached. >> it is going to be a patch because in four days we can't solve everythi
CBS
Dec 28, 2012 7:00am PST
to vote on whatever fiscal cliff bill the senate passes one day before the deadline and warnings of a recession that the rahled wall street and consumer confidence. >> they know it will have a negative impact on the economy and they know it will have a negative impact on them and their families and they are expecting us to be here to work and we're not. >> reporter: real deadlines are approaching. 2 million americans out of work for more than six months start losing their jobless benefits tomorrow and the nation runs out of borrowing authority to finance our $16 trillion debt on monday. the treasury department says it can use extraordinary measures to avert default until february extraordinary, that's a word that might apply to this entire fiscal cliff situation. >> major garrett, thank you very much. >>> republican senator bob corker of tennessee has offered proposals in recent weeks to break the stalemate in congress. senator, good morning, good to see you. >> good morning, jeff good to be with you. >> are we going over the cliff? >> well it depends on wha
CBS
Dec 30, 2012 7:30am PST
the investigation. >>> this morning they are still trying to form a last minute compromise to avoid the fiscal cliff. >> the deal they're considering only kicks the cans down the road again. >> senate republican leader mitch mcconnel left the capitol tight lipped by smiling after working behind doors to avoid the so-called fiscal cliff. he and harry reid are working on a scale down agreement that focuses on avoiding a middle class tax hike. the plan is to present it to the senate for a vote on sunday and then send it over to the house. house speaker john boehner was at the capitol but left with no comment. the democrats insist the wealthy pay more in taxes. >> the president's tax hike would only fund the government for l days. americans deserve to know what does the president propose we do for the over 357 days of the year. sdmrsz -- >> president omaba insists his plan on the table is fair and includes plenty of cuts to government spending. >> we just afford a wound to our economy. >> if sunday's negotiations don't pan out the president says he's red to -- he's ready to propose his own scaled back b
LINKTV
Dec 28, 2012 8:00am PST
its work next year. >> while the so-called fiscal cliff has dominated the news headlines, the senate is also preparing to vote today to continue a controversial domestic surveillance program. in a blow to civil liberties advocates, the senate rejected three attempts thursday to add oversight and privacy safeguards to the foreign intelligence surveillance act. joining us from washington is democratic congressmember dennis kucinich. this is his last again congress after serving eight terms. since 1997, dennis kucinich has been a leading progressive voice on capitol hill, into these articles of impeachment against george w. bush, voted against the patriot act, and advocated for ending the war on drugs. dennis kucinich ran for president in 2004 and 2008, down to create a permanent peace. he is former mayor of cleveland, ohio. congressmember, welcome back to "democracy now!" >> thank you. >> your term would be over except you have been called back on sunday, right, to do with the fiscal cliff? >> i have been in washington waiting to see if congress would be called back into session, as it
ABC
Dec 31, 2012 12:00pm EST
optimistic. >> hopefully, they will figure it out next year. we have options if we go over the fiscal cliff. >> mitch mcconnell and senate democrats hit a stalemate on the weekend and he met twice today with the vice-president. >> i am willing to get this done, but i need a dance partner. >> the deal is tenuous and needs to get through a republican- controlled house as a countdown of a different kind chris closer, that is set to trigger a broad tax increases and drastic cuts. our top priority has to be to make sure taxes on middle-class families don't go up. that would hurt our economy badly. >> this afternoon it appears we are very close to a deal. if not, an average american family will start the new year with a $3,400 tax hike. here's hoping there's a reason to raise your glass in a post tonight and a sigh of relief. john gonzalez, abc 7 news. >> you can get the latest on efforts to reach a fiscal cliff steel throughout the day. wjla.com. we will have full coverage at 5:00. happening right now, developing news out of new york. secretary of state hillary clinton is in the hospital this a
CNN
Dec 29, 2012 11:00am PST
on capitol hill, senators are hard at work trying to avoid taking the country off ha fiscal cliff. senate minority leader mitch mcconnell arrived earlier today at the capital for talks. yesterday he and other leaders met the white house with the president and vice president aiming to avoid tax hikes and may vote on a deal as early as sunday. >>> police now have a woman in custody in connection with the death of a man pushed in front of a new york city subway train on thursday. detectives arrested a woman who they said said things that implicated hadder in the death sun and doe sen. this is the sketch of that suspect. >>> in india, the young woman gang raped on a new delhi bus is dead. doctors say she died peacefully at the hospital where she was being treated. employees plan to add murder charges against the six suspects already in custody and arrested on rape. the charges will be filed next thursday. angry protesters have been demanding justice and more protection for women and police expect more demonstrations in the days to come. >>> a large crowd cheers the first couple to get married
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